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Crypto exchanges (34)
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MEXC vs Bybit in comparison

Overview

Description

MEXC is a top-tier cryptocurrency exchange founded in 2018, offering a high-performance trading platform with the largest range of 1,520 coins. It is especially great for traders just getting started with trading bots.

MEXC
Reviews

Bybit excels as a major platform for cryptocurrency and derivatives trading. Targeted towards professional traders, it offers numerous features, a lucid trading view, and competitive fees. Bybit is a favored choice for expert crypto trading.

Bybit
Reviews
Pro's & Con's
Pro's
Cheap / No fees
Large token selection
Lots of features for traders
Con's
Might be complex for beginners
Pro's
Clear trading view
Large selection of trading tools
Low fees
Con's
Might be complex for beginners
No regulation

User Interface

Features Comparison

Type

Centralized Exchange

Centralized Exchange

All crypto exchanges
Tradable Assets
Cryptocurrencies
Cryptocurrencies
Fees

0

%

Taker Fees

0.00%

Maker Fees

0.00%

Withdrawal Fees

0.0003

0.1

%

Taker Fees

0.06%

Maker Fees

0.01%

Withdrawal Fees

0.0005

Taker Fees
Maker Fees
Withdrawal Fees
Number of Cryptocurrencies

1800

+

Payment Methods
No items found.
Min. Deposit

$

1

240

+

Payment Methods
No items found.
Min. Deposit

$

1

Payment Methods
Min. Deposit
Ideal For
Account Opening Time
Fast
Popularity
1.1 Million Followers
Fast
Popularity
2.9 Million Followers
Popularity
Own token
-

Exchange Rating

Overall rating
9.8
10
8.5
10
Our individual ratings
Operation
8
7
complicated
simple
Functions & Scope
9
7
simple
extensive
Fees & costs
10
9
simple
extensive
Security & Trust
8
6
simple
extensive
Beginner friendliness
9
6
simple
extensive
Support
8
7
simple
extensive

Functions

Real Coins
Yes
Transferable to own wallet
Yes
Savings plan
Yes
Staking
Yes
NFT Marketplace
Yes
Tradingtools
Yes
Two-factor authentication
Yes
Deposit protection
Yes
German language
No
IOS App
Yes
Android App
Yes
Yes
Transferable to own wallet
Yes
Savings plan
No
Staking
Yes
NFT Marketplace
Yes
Tradingtools
Yes
Two-factor authentication
Yes
Deposit protection
No
German language
No
IOS App
Yes
Android App
Yes
Transferable to own wallet
Savings plan
Staking
NFT Marketplace
Tradingtools
Two-factor authentication
Deposit protection
Available for US Users
IOS App
Android App
Special Features
Spot, futures trading options
MEXC margin trading support, quantitative trading features
Supports over 1600 coins and 2000+ trading pairs
Spot, derivatives, bot trading, and copy trading8
Bybit Earn
Launchpad
Trading Options
Derivatives
Margin trading (leverage)
Futures
Options
Derivatives
Margin trading (leverage)
Short/Long
Crypto trading platforms

Company Details

The Company
MEXC
Headquarters
Singapore
Company size
Large
Large
Regulation
MSB, MAS
Founder
John Chen
Year of foundation
2018
Bybit Fintech Limited
Headquarters
British Virgin Islands, Signapur
Company size
Medium
Medium
Regulation
-
Founder
Ben Zhou
Year of foundation
2018
Headquarters
Company Size
Regulation
Founder
Year of Formation

Our Review

MEXC is a top-tier cryptocurrency exchange founded in 2018, offering a high-performance trading platform with the largest range of 1,520 coins. It is especially great for traders just getting started with trading bots.

MEXC
User Reviews

Bybit shines for professional traders with its diverse derivatives and extensive trading functions. Despite trailing slightly behind FTX, its high liquidity and praised customer support make it a strong choice for experienced traders.

Bybit
User Reviews
By
Ethan Parker
Senior Content Editor

Summary

Ethan Parker
By
Ethan Parker
Updated:
February 29, 2024

About the author

Ethan Parker
Senior Content Editor

Ethan is the go-to crypto guru at Exchange Flow, with nearly a decade steering traders through crypto exchange platforms worldwide, Ethan brings welcome clarity to the complex terrain of digital currencies. His hands-on approach to testing and analyzing exchanges worldwide makes his reviews and articles valuable information for readers and newcomers in the crypto world. Beyond his crypto expertise, Ethan is a retro gaming enthusiast and an explorer at heart, using his crypto gains to fuel adventures around the world. Dive into Ethan’s articles and reviews for a global perspective on cryptocurrency that’s as enlightening as it is engaging.

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